KING GLOBAL Mobilizes for Phase 2 Drill Program on Silver Cord Property
Thenewswire·2026-02-03 13:05

Core Viewpoint - King Global Ventures Inc. has initiated a Phase 2 diamond drilling program at its Silver Cord Project, aiming to expand on the successful Phase 1 program that confirmed the presence of a polymetallic vein system [1][2]. Group 1: Drilling Program Details - The Phase 2 program will consist of 6 holes from 2 drill pads, totaling up to 6,000 feet of diamond drilling [1]. - The Phase 1 program successfully intersected multiple polymetallic intervals, confirming a polyphase Ag-Pb-Zn-Sb vein system [2]. - A highlight from Phase 1 included an intercept of 9 feet (2.7 meters) at 21.8 ounces (619 grams) per tonne Silver, along with 1.0 g/t Gold, 0.6% Lead, 1.05% Zinc, and 375 g/t Antimony [3]. Group 2: Management Insights - The CEO of King Global Ventures expressed excitement about the Phase 2 drill program and the initial drilling success, indicating the presence of two different polymetallic intervals that require further exploration [4]. Group 3: Qualified Person Review - The scientific and technical information has been reviewed by a Qualified Person, who conducted a comprehensive review of analytical data, geological logs, and drill core photographs from the 2025 Silver Cord drill program [5]. - The Qualified Person confirmed that no material QA/QC issues were identified that would affect the reliability of the assay results [6]. - Geological interpretations presented are consistent with observed drill core and surface mapping, supported by available data at this stage of exploration [7]. Group 4: Other Properties - King Global Ventures is also focused on the Black Canyon Project in Arizona, which covers 4,000 acres and includes 15 former operating mines, targeting copper-gold-silver-zinc mineralization [8]. - The Howard Copper Mine Property, part of the Black Canyon Project, has historical production focused on high-grade copper, with the main shaft sunk to the 900-foot level [9]. - The Mikwam Gold Property in Ontario contains disseminated and vein-hosted gold mineralization associated with quartz-carbonate veins [10].